Business

Gold prices were last seen at Rs 37,950 per 10 grams in the national capital on Tuesday, according to industry body India Bullion and Jewellers' Association (IBJA). These rates are exclusive of a 3 per cent Goods and services Tax (GST) and making charges, IBJA mentioned

Budget airline operator - SpiceJet - on Monday entered into a codeshare and interline agreement with Dubai-based Emirates, pending government approvals.

According to SpiceJet, the agreement will allow travellers to and from India to

The unemployment figures for the first quarter of this year are out and there is a slight reason for cheer for a government facing the biggest flak for not generating enough jobs.

The urban unemployment rate fell to 9.3 per cent between January and March this year, the lowest in at least four quarters. It stood at 9.9 per cent in the previous

The S-P BSE Sensex and NSE Nifty 50 indexes ended lower after hitting record highs earlier in the session paced by losses in Bharti Airtel, Tata Consultancy Services, Larsen - Toubro, Infosys and Maruti Suzuki. The benchmarks clocked record highs in the opening

Finland's Salcomp, a supplier to US tech group Apple, is to invest Rs 2,000 crore in India to make mobile chargers and other smartphone components from March 2020, technology minister Ravi Shankar Prasad said on Monday.

Salcomp has

LVMH and US jeweller Tiffany announced Monday a $16.2 billion tie-up that is the French luxury group's biggest-ever acquisition and will bolster its presence in the United States.

The deal comes after LVMH spent more than a month wooing Tiffany, the most iconic of US luxury brands known

State Bank of India (SBI), the country's largest lender, offers various schemes under its personal banking portfolio. SBI's Flexi Deposit scheme is similar to a recurring deposit (RD) however it enables the account holder to contribute a variable amount to the corpus, instead

SoftBank-backed Oyo Hotels and Homes' losses ballooned six-fold in the year to March, while its revenue more than quadrupled, a valuation report filed by the hotel chain with local regulators showed on Monday.

The losses highlight a period of rapid expansion by Oyo into markets such as China, the United States and the United Kingdom,

Thrissur-based CSB Bank's initial public offering was fully subscribed on the first day of bidding on Friday and continues to receive a robust response from retail investors. The initial public offering (IPO) received bids for 1.98 crore shares against the

The S-P BSE Sensex and NSE Nifty 50 indexes erased gains after hitting record highs earlier in the session paced by losses in Zee Entertainment, Bharti Infratel, Grasim Industries, Bharti Airtel, JSW Steel, Sun Pharma, Wipro and Power Grid. Earlier in the day, the benchmarks opened at record highs wherein the Sensex climbed above 41,000 for

The rupee on Monday settled 3 paise lower at 71.74 per US dollar in line with weaker key global currencies against the greenback, despite a strong rally in financial markets on renewed hopes of trade truce between Washington and Beijing.

After opening

Petrol prices were hiked in metros on Monday compared with the previous day's rates. In Delhi and Mumbai, the price of petrol was raised by 12 paise per litre each with effect from 6 am on November 25, according to notifications from Indian Oil

The Reserve Bank of India will cut interest rates in December for a sixth time this year, and again before July, according to economists in a Reuters poll who forecast those reductions would either marginally boost the economy or have no impact.

Currently the most

Telecom Secretary Anshu Prakash on Monday said no reference has been sent to Telecom Regulatory Authority of India (TRAI) on setting floor price on tariffs and the Digital Communications Commission will meet in the second half of December where it may take up the issue of spectrum auctions.

Tariffs are under TRAI and under forbearance

The rupee is the only emerging Asian currency to weaken this quarter and its losses may gather pace as a report this week is forecast to show economic growth slid to a six-year low.

The rupee, which has slumped almost 5 per cent from this year's high in July, is also under selling pressure due to escalating levels of public debt and a credit crunch

Although the news of stake sale by Subhash Chandra-led Essel group in Zee did not have a negative impact last week, Chandra's stepping down as chairman from the Zee Board, appears to have not gone down well with the investors on Tuesday.

The shares of Zee tanked nine per cent to hit an intra-day low of Rs 312.5 apiece on the BSE before

You slog to make money for yourself. But a day is limited to 24 hours and there is only so much work that can be accomplished during the waking hours. And there are countless ploys of snatching your hard-earned income, ranging from taxation and inflation to a consumeristic culture. But what if I tell you that you can make money when taking a nap

Domestic stock markets started Monday's session on a higher note amid gains in Asian peers on optimism about the US-China trade developments. The S-P BSE Sensex index rose as much as 143.41 points to touch 40,502.82 on the upside in early deals, and the broader NSE Nifty benchmark climbed to as high as 11,956.70, up 42.3 points from the

Petrol prices were hiked for a fifth straight day across the four metro cities on Tuesday, while diesel rates remained unchanged. The price of petrol was increased by up to 10 paise per litre in the four metros - Delhi, Mumbai, Kolkata and

Finance Minister Nirmala Sitharaman on Monday introduced the Taxation Laws (Amendment) Bill, 2019, in the Lok Sabha to replace the Ordinance that was used to slash corporate tax rate to stimulate growth rate in a slowing economy.

The Taxation Laws (Amendment) Bill, 2019 will replace the Taxation Laws (Amendment) Ordinance, 2019,

Reliance Communications (RCom) has rejected the resignations tendered by Anil Dhirubhai Ambani and four other directors, instructing them to continue holding their posts till the insolvency resolution process of the company is completed.

According to a

The Competition Commission of India (CCI) has found that units of Tata Steel Ltd, Sweden's AB SKF and Germany's Schaeffler AG colluded on the pricing of bearings, according to an investigation report seen by Reuters. The CCI began an investigation in 2017 after

Information technology minister Ravi Shankar Prasad said on Monday that Apple Inc would expand its operations in the country and the iPhone maker's supplier Salcomp would make components at a plant near Chennai. Salcomp will invest Rs 2,000

With Jet Airways shutting down in April, the Lufthansa airline group is planning to "strengthen" its partnership with Indian airlines like Vistara and Air India in 2020, the top Indian official of the largest European carrier said.

Moreover, apart from launching a Munich-Bengaluru flight

Domestic stock markets started Tuesday's session at record highs, with the NSE Nifty benchmark index finally crossing its June high to clock a new record. The S-P BSE Sensex rose as much as 231.05 points

Domestic stock markets clocked strong gains on Monday with the S-P BSE Sensex index soaring to a record high, tracking global peers on optimism about US-China trade developments. The Sensex soared as much as 572.3 points to

Petrol and diesel prices were revised for third day in a row on Sunday. The price of petrol in Delhi, Mumbai and Kolkata were hiked by 10 paise per litre while in Chennai the petrol price was raised by 11 paise per litre. In the last three days, petrol price

SoftBank-backed Oyo Hotels and Homes' internal projections showed it may not make a profit in India and China until 2022, even as the India-based hotel chain revealed a six-fold rise in losses during fiscal year 2019.

The losses highlight rapid expansion by Oyo into China, the United States, the United Kingdom and other markets, which has made the

The Vande Bharat Express Train also known as the Train 18 is the fastest train operated by Indian Railways and is operational on two routes between New Delhi and Shri Mata Vaishno Devi Katra and on New Delhi and Varanasi. Vande Bharat trains, built at the Indian

To popularise cross-border transactions in rupee, the Reserve Bank has enhanced the scope of 'Special Non-resident Rupee' (SNRR) by allowing persons residing outside India to open such accounts for purposes like external commercial borrowing and trade credit in rupee.

The RBI, in a notification on Friday, said: "With a view to promote the usage of